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571 NE 67th Street

Miami, FL 33138
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Bed 4

Bed

Bath 5

Bath

SqFt2,262

Sqft

Rare opportunity to acquire a fully occupied income producing property -fourplex- with flexible T5-L mixed zoning, multiple rental strategies, and included redevelopment plans in the heart of Miami's thriving MiMo District.Currently generating $95,040 in annual gross rental income, this property offers immediate cash flow while providing exceptional long-term upside through its highly desirable T5-L zoning.The property features a desirable unit mix consisting of one 2bedroom/2bathroom unit, two 1bedroom/1bath units, and one studio apartment, creating diversified rental income and broad tenant appeal.Situated on a 7,150 SF lot, this is far more than a traditional multifamily investment. The property's flexible mixed-use zoning supports multiple investment strategies, allowing an owner to co ntinue operating as a successful long-term rental property, explore furnished or seasonal rental opportunities, pursue short-term rental uses, or incorporate compatible commercial and professional uses.For developers and value-add investors, the opportunity is even greater. The sale includes previously approved plans for a six-unit live/work multifamily building, offering valuable head start by potentially reducing entitlement timelines and accelerating the redevelopment process. This property uniquely combines cash flow today, exceptional zoning flexibility, and significant development potential in one of Miami's fastest-growing neighborhoods • Fully occupied four-unit income-producing property• $95,040 annual gross rental income• Desirable unit mix: one 2-bedroom, two 1-bedroom units, and one studio• T5-L (Urban Center – Limited) Miami 21 mixed-use zoning• Multiple rental strategies, including long-term, furnished, seasonal, and short-term rentals where permitted and licensed• Broad mixed-use potential for residential, retail, office, restaurant, wellness, and other compatible commercial uses (subject to City approvals)• Sale includes previously approved plans for a six-unit live/work multifamily development• Immediate cash flow with exceptional redevelopment and long-term appreciation potential• Prime location in Miami’s Historic MiMo District

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,549,000

AD Id : 77616045

MLS Id : A12003041

Beds : 4

Living Area Size : 2,262

Year Built : 1957

County : Miami-Dade

Subdivision: Morningside

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Feature Features

  • Interior Features

    Roof: Concrete
    Laundry Features: Outside
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, SeparateMeters Has Cooling: Yes Cooling: CeilingFans, WallWindowUnits

  • Building Information

    Year Built: 1957
    Building Area Total: 2262
    Construction Materials: Block
    Patio And Porch Features: Patio
    Private Pool: No
  • Exterior Features

    Exterior Features: OutdoorLivingArea

  • Lot Information

    Lot Dimensions: 7200 Lot Description: RectangularLot,SprinklerSystem

    Property Information

    Subdivision: MORNINGSIDE AMD Source Property Type: ResidentialIncome Postal Code Plus 4: 5644 Property SubType: Quadruplex Property Age: 69

  • Listing Price Information

    Listing Price: $1549000
    Cash, Conventional

  • Tax Information

    Parcel Number: 0132180230660 Tax Year: 2025 Annual Tax: $17000 Tax Legal Desc: MORNINGSIDE AMD PL PB 15-15 LOT 27 BLK 4 LOT SIZE 7200 SQUARE FEET COC 24614-0102 05 2006 1

  • Parking Information

    Parking Total: 6

  • School Information

    Elementary School: Morningside K-8 Academy (Miami-Dade) Junior High School: Horace Mann Senior High School: Miami Edison
  • Utility Information

    CableAvailable
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Residentialincome, Miami, FL, 33138 $760,000 3 4 1,811 1,811 SqFt
7811 NE 10th Court, Miami, FL, 33138 $1,485,000 4 4 3,081 3,081 SqFt
8701 NE 8th Court, Miami, FL, 33138 $1,175,000 7 3 2,664 2,664 SqFt
859 NE 90th Street, Miami, FL, 33138 $1,300,000 5 4 2,294 2,294 SqFt
800 NE 85th Street, Miami, FL, 33138 $1,500,000 5 4 2,358 2,358 SqFt
560 NE 63rd Street, Miami, FL, 33138 $1,650,000 8 8 2,803 2,803 SqFt
545 NE 64th Street, Miami, FL, 33138 $859,000 4 2 1,440 1,440 SqFt
551 NE 67th Street, Miami, FL, 33138 $1,250,000 4 4 2,064 2,064 SqFt
555 NE 70th St, Miami, FL, 33138 $940,000 5 3 1,976 1,976 SqFt
510 NE 72nd Street, Miami, FL, 33138 $895,000 3 2 1,725 1,725 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/30/2026 @ 02:23

MLS: A12003041 LISTED BY: Adriana Molina, Green Wave Realty Group Corp 305-951-1845 SOURCE: Beaches MLS

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